PayPal today unveiled its new global payment platform for SMBs, PayPal Here, which brings the veteran payments solution into local stores with a new mobile app-card reader solution to rival Square. The in-store payment solution, which begins rolling out to merchants today, features a triangular card-reader, or dongle, that merchants can use to swipe cards of all varieties to start accepting mobile payments on-the-go. But one of the coolest parts of PayPal's in-store payments solution is that, while the card reader comes in handy, it's not explicitly required. The new payments platform allows merchants to begin ringing up customers without ever having to use a card -- all they need is their phone. This is where mobile payments technology startup Card.io comes in. The startup, which unveiled its own consumer-facing app back in January, allows merchants to make the payment process as frictionless as possible.Source: http://feedproxy.google.com/~r/Techcrunch/~3/6jcMYJiGHn4/
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